ServisFirst Bancshares, Inc. (NYSE: SFBS) has reported its financial results for the second quarter of 2025. The company announced a diluted earnings per share of $1.12 for the quarter, with an adjusted diluted earnings per share of $1.21, marking a 27% increase from the second quarter of 2024. The net interest margin improved to 3.10% in the second quarter, up from 2.92% in the first quarter, while the adjusted net interest margin was recorded at 3.06%. Loan growth was significant, with an increase of $346 million, or 11% annualized, during the quarter. The book value per share rose to $31.52, up 14% from the same period in 2024 and 16% annualized from the previous quarter. The company's liquidity position remains robust, with $1.7 billion in cash and cash equivalent assets, accounting for 10% of total assets, and no FHLB advances or brokered deposits. Consolidated common equity tier 1 capital to risk-weighted assets saw an increase from 10.93% to 11.38% year-over-year. The return on average common stockholders' equity was reported at 14.56%, with an adjusted return increasing from 14.08% to 15.63% year-over-year. CEO Tom Broughton expressed satisfaction with the loan growth and the favorable banking environment. CFO David Sparacio noted the continued improvement in the net interest margin and anticipated further asset repricing leading to higher margins over the next 24 months.